UBS Group Cuts Qualys (NASDAQ:QLYS) Price Target to $145.00

Qualys (NASDAQ:QLYS) had its target price cut by UBS Group from $150.00 to $145.00 in a research report report published on Tuesday morning, Marketbeat Ratings reports. They currently have a neutral rating on the software maker’s stock.

A number of other analysts have also recently commented on the stock. Wedbush upped their price target on shares of Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. DA Davidson upped their price target on shares of Qualys from $130.00 to $135.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. Wall Street Zen cut shares of Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Scotiabank upped their price target on shares of Qualys from $142.00 to $150.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qualys in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $140.62.

Qualys Stock Down 0.2%

QLYS opened at $127.90 on Tuesday. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 25.53 and a beta of 0.62. Qualys has a twelve month low of $112.61 and a twelve month high of $170.00. The company’s 50-day moving average price is $132.22 and its two-hundred day moving average price is $133.65.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.21. The firm had revenue of $164.06 million for the quarter, compared to analysts’ expectations of $161.25 million. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.52 earnings per share. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. As a group, sell-side analysts anticipate that Qualys will post 3.85 earnings per share for the current year.

Insider Buying and Selling at Qualys

In related news, Director Kristi Marie Rogers sold 1,700 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $134.70, for a total transaction of $228,990.00. Following the sale, the director owned 8,596 shares of the company’s stock, valued at approximately $1,157,881.20. This represents a 16.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Joo Mi Kim sold 787 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $129.17, for a total transaction of $101,656.79. Following the sale, the chief financial officer directly owned 92,864 shares in the company, valued at $11,995,242.88. This trade represents a 0.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 39,364 shares of company stock worth $5,162,899 in the last ninety days. Insiders own 0.88% of the company’s stock.

Hedge Funds Weigh In On Qualys

A number of institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors increased its holdings in shares of Qualys by 4.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after buying an additional 90 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in shares of Qualys by 2.4% in the 2nd quarter. Arkadios Wealth Advisors now owns 4,006 shares of the software maker’s stock worth $572,000 after buying an additional 93 shares during the last quarter. Occidental Asset Management LLC increased its holdings in shares of Qualys by 4.3% in the 2nd quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker’s stock worth $326,000 after buying an additional 95 shares during the last quarter. Cim LLC increased its holdings in shares of Qualys by 1.2% in the 1st quarter. Cim LLC now owns 8,561 shares of the software maker’s stock worth $1,078,000 after buying an additional 98 shares during the last quarter. Finally, State of Michigan Retirement System increased its holdings in shares of Qualys by 1.2% in the 1st quarter. State of Michigan Retirement System now owns 8,776 shares of the software maker’s stock worth $1,105,000 after buying an additional 100 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.